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re: Can anyone specifically explain Obammy’s economic policies?

Posted on 2/14/19 at 7:48 pm to
Posted by mb_
Member since Dec 2018
748 posts
Posted on 2/14/19 at 7:48 pm to
Funny you mention that, the presidential race had the biggest impact on GDP in 2016. Considering it was 2.9 the year before and in the negative when Obama took over I'd say there was improvement, whether the potus gets credit or not is another story though
Posted by jrodLSUke
Premium
Member since Jan 2011
22152 posts
Posted on 2/14/19 at 7:50 pm to
Those jobs are never coming back.

We are going to put a lot of coal miners out of business.
Posted by LSUBadger
Member since Jan 2014
2238 posts
Posted on 2/14/19 at 7:51 pm to
The presidential race caused the GDP to drop 1%?

Why would that have happened if Obama’s policies were kicking arse and Hillary was the clear front runner. Why would that create a scenario where GDP would nosedive?

Before you answer. Please remember the huge ramp up on Wall Street after the election and before the inauguration as the markets anticipated a shift in policy
Posted by ChineseBandit58
Pearland, TX
Member since Aug 2005
42596 posts
Posted on 2/14/19 at 7:52 pm to
quote:

The same ones who fail to give any credit to his admin for turning things around


Just give an example of what they did to help economy

Most of the 'stimulus' was payoff to special interests and donors.

but suppose that helped the economy - like welfare - what else did he do??
Posted by mb_
Member since Dec 2018
748 posts
Posted on 2/14/19 at 7:53 pm to
The uncertainty played a big role, yes. I never voted for Hillary and I am glad she lost. I think the projections that had her winning were mostly responsible for the dip we saw fwtw
Posted by Bass Tiger
Member since Oct 2014
46102 posts
Posted on 2/14/19 at 7:55 pm to
quote:

mic policies? by mb_ Funny you mention that, the presidential race had the biggest impact on GDP in 2016. Considering it was 2.9 the year before and in the negative when Obama took over I'd say there was improvement, whether the potus gets credit or not is another story though


You’re spinning baw! Trump is actually enacting an economic policy, Obammy choked the economy with job killing regulations and allowed the Fed/Banksters to save their own azzes by proclaiming they were saving the Global economy.
Posted by mb_
Member since Dec 2018
748 posts
Posted on 2/14/19 at 7:58 pm to
Allowing the Bush tax cats to expire was big, but I've already said too much gets focused on the potus (good or bad) when it comes to the economy. It's not that simple
Posted by gthog61
Irving, TX
Member since Nov 2009
71001 posts
Posted on 2/14/19 at 8:01 pm to
quote:

Allowing the Bush tax cats to expire was big, but I've already said too much gets focused on the potus (good or bad) when it comes to the economy. It's not that simple



That is just fricking stupid.

Stealing more money out of the economy does not help it grow.

"Oh look, I moved $20 from my right pocket to my left pocket! I am richer!"
Posted by mb_
Member since Dec 2018
748 posts
Posted on 2/14/19 at 8:06 pm to
Impressive group of words here, sound like you clearly have a good handle on how this works. Obama had a larger monthly average of job growth than both Bushes, which job killing regulations are you referring to specifically?
Posted by mb_
Member since Dec 2018
748 posts
Posted on 2/14/19 at 8:08 pm to
And the spending sequester both of which addressed the deficit concerns. How is that "fricking stupid" exactly?
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